Two welcome packages, one choice
Oxibet runs two welcome packages, and the one you get depends on how you pay. Deposits by Interac or card go into the fiat package; crypto deposits have a package of their own. They differ on every term that decides what you keep.
| Term | Fiat package | Crypto package |
|---|
| Total | C$1,500 + 240 spins | C$2,700 + 300 spins |
|---|
| Wagering | 35x the bonus | 40x the bonus |
|---|
| Win cap | 10x the bonus, per stage | 5x the bonus |
|---|
The crypto package also runs on a five-day clock. The fiat stages, which most Canadian depositors will see, go like this:
- First deposit: 100% up to C$500 plus 180 free spins.
- Second deposit: 125% up to C$300.
- Third deposit: 75% up to C$300.
- Fourth deposit: 100% up to C$400 plus 60 spins.
The minimum is C$40 per deposit, and bets stop at C$10 while a bonus is running.
What 35x and 10x mean in cash
At the full first stage, C$500 of bonus asks for C$17,500 in bets, and the most it can ever return is C$5,000. On a C$100 deposit the numbers shrink to C$3,500 of play and a C$1,000 ceiling. At the C$10 limit, clearing the full first stage takes 1,750 spins at least. The second stage gives the best rate of the four: C$240 in earns the whole C$300. The third needs C$400 to fill its C$300 cap.
The crypto side looks bigger on paper, but at 40x with a 5x cap it asks for more play per bonus dollar and pays out half as much at most, all inside five days. Unless you already hold USDT and play fast, the fiat route is the gentler one. The wagering requirements guide shows how the multiplier and the cap work against each other.
Spins for finishing sign-up
Before any deposit, Oxibet pays up to 70 no-deposit spins in three batches tied to account tasks. The smallest batch, 10 spins, follows email verification; adding the web app to your phone or computer brings 30; passing the identity check brings the last 30. For the email batch the operator sets 35x wagering on what the spins win and caps the cash-out at 50, without printing a currency, so count it as a small extra rather than a bankroll.
Doing the identity check early pays twice on a site sold on speed. Besides the 30 spins, it gets the documents out of the way before your first withdrawal request, when waiting for a review would undercut a ten-minute payout. Our KYC guide lists the documents casinos commonly request.
Four ways to pay, fast out
The cashier is the shortest in our Canadian section: Interac e-Transfer, Visa, Mastercard and Tether (USDT), the only coin on offer. There are no e-wallets, no vouchers and no Bitcoin. What it does well is speed: withdrawals are reported in about ten minutes, with no fees listed. That is the quickest figure on the list, ahead of the fifteen minutes stated at Lucky Ones and the hour at CasinOK. Our fast payout casinos page has the full ranking.
A short cashier has one practical consequence: if your bank does not support Interac e-Transfer and you do not use stablecoins, a card is the only route left, so check your card issuer's policy on gambling transactions before you sign up.
Anjouan licence and the complaint path
Oxibet launched in 2026 under licence ALSI-202411070-FI2 from Anjouan, an autonomous island in the Union of the Comoros. Anjouan Gaming describes itself as the authority for internet gaming licences under Anjouan law, and its register can be searched by licence number, company name or web domain.
Its complaint policy is narrow, and worth knowing before a dispute rather than during one. The authority states that it does not handle, mediate or adjudicate player complaints. Complaints go to the operator, through the complaint function linked from the operator's licence seal, and the operator has 30 calendar days to investigate and reply. If the matter is still open after that, you can refer it to an approved alternative dispute resolution provider, paid for by the operator. The deadlines are short: a dispute about a game outcome has to be raised within 14 calendar days of the session, and one about payments, bonuses or a suspended account within 30 days. Everything runs in English. Anjouan is not a Canadian or provincial licence, and the offers here are for players 19 and older outside Ontario and Alberta. Our casino licences guide places it beside Kahnawake and Curaçao.
The sportsbook side
Oxibet is a combined casino and sportsbook. Bettors get a separate 100% match up to C$500 from C$40 at 20x, plus a parlay boost and a sports reload. The Oxibet betting review covers markets and features.
Against the other Canadian picks
- CasinOK, level on score: 35x on the bonus across three stages up to C$6,000, 30 days each, and a much longer cashier.
- Lucky7even and MagicianBet: also Anjouan; Lucky7even gives 30 days at 40x, MagicianBet opens with a no-wagering first-deposit match.
- Bitguruz: Anjouan as well, 30x on deposit plus bonus with a one-day window.
- Lucky Ones: fifteen-minute payouts and up to C$20,000 over four stages.
Who it suits
The natural Oxibet customer banks by Interac or card, wants winnings back within minutes and likes having sports and casino on one login. It suits less well anyone who relies on an e-wallet, prefers Bitcoin to stablecoins or wants a regulator that takes complaints itself. The game library is large at about 8,600 titles from 80 studios. The full Oxibet review covers games and support, and other coin-friendly sites are on our crypto casinos page.